Is David Tepper the Richest NFL Owner? Exploring the Net Worth of Carolina Panthers Owner

“When it’s a little bit dangerous, it’s a lot more exciting.” David Tepper built a business based on this one phrase. The owner of the NFL franchise Carolina Panthers is an excellent stock market investor and a knowledgeable speaker. Everyone respects him since he is so industrious and knowledgeable.

The most often asked question regarding David Tepper is if he is now the richest NFL owner.

How much the Panthers owner David Tepper is worth?

Not quite at the top, but David Tepper is among the top five richest NFL owners of all time. For those who are unaware, the man presently has a net worth of over $21.3 billion USD. This is just absolutely unbelievable. But what about his other personal assets?

Aside from owning the Panthers, the billionaire owns several other businesses. You may not be aware, but Tepper is widely regarded as the finest hedge fund manager of his generation. He established Appaloosa Management in 1993, which is now worth more than $17 billion. Tepper is the one who manages everything in this capital market organization, and he has done a pretty good job in growing it.

The entire firm was relocated to Florida a couple of years ago. For those who don’t know, the company was previously located in New Jersey, but in 2016, the billionaire decided to relocate the entire firm. Aside from these things, the individual has made several investments that have resulted in significant profits. The Panthers are one example of such investment. So why not have a peek at the team as well?

How much money do the Carolina Panthers make?

It is widely known that David Tepper purchased this NFL franchise in 2018 for $2.2 billion. Since then, the team has not looked back and has expanded substantially. You will be shocked to know that the billionaire’s marketing strategy has increased the team’s value to more than $4.5 billion as of 2024.

Right now, the team’s current revenue is $574 million, with an operating revenue of $104 million. You will be surprised to learn that David Tepper bought a 5% investment in the Pittsburgh Steelers in 2009. After that, he stayed with the organization as a part-owner under the Rooney family until 2018, when he bought the Panthers from founder Jerry Richardson for $2.2 billion.

This was a smart move from the billionaire. Confused? Let us break down for you. Tepper’s purchase of an NFL team was made straightforward because he was already a part-owner in the league. This allowed him to avoid some NFL verification requirements, allowing his ownership to progress faster than other bidders for the Panthers who had stronger links to Carolina.

Most of you guys would have forgotten that David Tepper purchased the Panthers in the aftermath of a significant scandal. Richardson, the team’s founder, was revealed to have paid many settlements to employees for harassing remarks, including a racist slur, throughout his employment. Soon after, he agreed to sell the franchise to Tepper.

What are your opinions about the billionaire? Do you believe he can make the Panthers worth more than they are now?